| EWP latest price $23.5000 (1.86%) ($23.4500 - $23.7200) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 59 |
Latest Price | $23.5000(1.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWP advances 1.3% a day on average for past five trading days. |
Weekly Trend | EWP advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EWP advance at 0% a week (0% probability) EWI(89%) EWG(84%) IWD(74%) IVE(73%) DIA(70%) |
Factors Impacting EWP price | EWP will decline at least -1.085% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-14%) TLT(-9%) BNDX(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.085% (StdDev 2.17%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.4% |
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